News - Disbursing Investment of More Than IDR 87 Billion, Wuling Electric Car Batteries Officially Produced Locally in Cikarang

Disbursing Investment of More Than IDR 87 Billion, Wuling Electric Car Batteries Officially Produced Locally in Cikarang

Mar, 13 2025

JawaPos.com - PT SGMW Motor Indonesia (Wuling) inaugurated the production line for MAGIC batteries located in the supplier park area at the Wuling Motors factory located in Cikarang, West Java.

This local battery production facility, which has an investment of more than IDR 87 billion, is claimed to reflect Wuling's long-term commitment to supporting the development of the electric car industry in Indonesia.

This step is also part of Wuling's efforts to participate in accelerating electrification and completing the electric car ecosystem in the country. In addition to battery production, Wuling has also produced ABC stories in Indonesia.

"As part of SGMW Motor Indonesia, which is one of the main players in the automotive industry, we are proud of Wuling's contribution in supporting Indonesia's transition from fossil fuels to renewable energy," said Andrin Adhitama, Operation Manager of Wuling Motors Battery Line through his statement.

The production of Wuling's MAGIC battery will go through five stations which are claimed to have been designed to ensure the best efficiency and quality. Starting from the Cell Stacking Station, where battery components are tidied up and arranged into the battery housing.

The process continues to the Welding Station which uses robotic technology to connect battery cells and harnesses precisely. Then it continues at the Front Pack Station, where the top shell of the battery is installed and the bolts are tightened perfectly.

Then the next phase is the Charging Station, which is the battery testing area to ensure optimal performance and safety during the charging and discharging process. Finally, the Rear Pack Station, here the battery will be weighed, packaged and stored properly before being distributed to electric car production.

What is interesting about the previous process is the Welding Station. This work area is tasked with carrying out the welding process to connect the battery cells and the electric vehicle battery harness through two main work stations, namely Busbar Welding and Collecting Wire Harness Welding.

Busbar Welding uses high energy density laser technology as a heat source for welding between battery cells. Meanwhile, in the Collecting Wire Harness Welding Island, welding is carried out between battery cells and harness cables using a laser.

These two work stations run robotically and automatically using the Automated Guided Vehicle (AGV), so they have high accuracy and efficiency.

MAGIC Battery is predicted to be a battery innovation from Wuling that integrates various advanced technologies in order to produce high performance and maximum safety. MAGIC reflects five main aspects, namely Multifunction Unitized Structure Technology (MUST), Advanced Cell Safety, Greater Performance, Intelligent Management, and Combustion Free.

MUST technology itself is inspired by the design of aircraft wings integrating the battery structure into one functional part that is claimed to be light, strong, and modular, thus increasing structural strength by up to 60%.

Thanks to Advanced Cell Safety, this battery has cells with extra protection using a ceramic layer. This advantage is combined with the High Precision Battery Management System and Cloud-based AI to monitor battery conditions in real-time, detect more than 240 safety parameters, and provide early warnings.

(SOURCE)

Glancing at the Attraction of Property Investment in South Bandung

Residential areas that are easy to reach from centers of economic activity become magnets for the community. Therefore, determining location is very important in choosing a place to live for easy daily accessibility. In Bandung, West Java, one of the areas that is currently developing is South Bandung, which directly borders Bandung Regency, as a buffer area. The Bandung Regency area is also strategic because it is the economic pulse with the presence of many manufacturing industries which according to data from the Central Statistics Agency (BPS) absorb more than 660 thousand workers. Industries located in the area range from garments, food and beverages, printing to other national scale industries. Industrial areas often have a large population and this has an impact on high demand for housing because it makes it easier in terms of accessibility. This opens up prospects for the development of the surrounding property. One of the developers in Bandung, namely Matahariland (PT Mentari Agung Mandiri) created the newest residential project, namely Bumi Siliwangi, which is located on Jalan Siliwangi, Baleendah District, Bandung Regency. The area currently being built, namely the Padjajaran Cluster, had its groundbreaking carried out on Monday (4/11). "We really maintain our reputation because we believe that trust from customers is very important. We even started construction on the latest Bumi Siliwangi project with ground breaking before launching," said Matahariland's General Manager of Sales and Marketing, Irving Baradian Tantoso. With more than 15 years of experience and 20 successfully built projects, Matahariland continues to strive to meet people's demand for comfortable, modern and quality housing. Matahariland is trying to prove that it is a consistent developer by successfully selling more than 4,000 housing units. Bumi Siliwangi's location is strategic because it is surrounded by industrial areas stretching across Dayeuhkolot, Tegalluar, Rancaekek, to national strategic industrial locations in South Bandung. Toll road access is adjacent to the Padaleunyi Toll Road. The nearest health facilities are also affordable, including Al Ihsan Hospital, West Java Province and Muhammadiyah Hospital, South Bandung. The location is also close to Telkom University. According to Irving, property investment has a big influence on occupancy in the surrounding neighborhood and in the residential area itself. Conditions in the area around the location that continue to progress are usually accompanied by further development of infrastructure and public facilities. “One of the important things in property investment is occupancy. Because this occupancy greatly influences future prices. Occupancy greatly influences comfort and price. In terms of investment, launching the project is not the only factor but also the occupancy of the area. "If the occupancy is high, it means it is promising in terms of investment and comfort," said Irving. (SOURCE)

Nov, 15 2024

Ministry of Investment: Downstreaming Is a Priority In The New Government

Jakarta (ANTARA) - The Ministry of Investment/Investment Coordinating Board (BKPM) said the policy of processing raw materials into high added value products (downstreaming) will be one of the priority programs for the next government. "This has been planned since the time of President Jokowi and God willing, later the President-elect, Mr Prabowo, will become one of the priorities, downstreaming this," said Deputy for Investment Climate Development at the Ministry of Investment/BKPM Riyatno at the Investortrust Future Forum in Jakarta, Wednesday. He said the next government's commitment to advancing downstreaming in the country was because this regulation had provided many benefits for the Indonesian economy. For example, processing in the nickel sector provides added value of 11.4 times when processed into nickel sulfate, increases again 19.4 times when sold as a precursor, and increases up to 67.7 times when sold in the form of vehicle battery cells. electric (electric vehicle/EV). Apart from that, Riyatno said that in order to maintain the downstream ecosystem in a sustainable manner, according to him, the Ministry of Investment has implemented several things, such as issuing supporting regulations, tax incentives, encouraging financial sector policies, as well as regulations prohibiting the export of raw materials for nickel, bauxite, copper and tin. "One of the tax incentives handled through the Ministry of Investment/BKPM is tax holidays and also tax allowances. Then there are also financial sector policies, namely the OJK issuing policies in the banking industry to support the acceleration program for battery-based electric motorized vehicles, for example," he said. Previously, the President of the Republic of Indonesia, Joko Widodo, entrusted the continuity of industrial downstreaming to the development project for the Indonesian Capital City (IKN) to Prabowo Subianto after becoming President of the Republic of Indonesia for the period 2024 - 2029. President Jokowi emphasized that the sustainability of people's programs, whether it is the sustainability of infrastructure development or human resources (HR), is very important. (SOURCE)

Oct, 01 2024

Taufik Nurrohim Says Not All Areas in West Java Can Become Investment Zones

TRIBUNJABAR.ID, BANDUNG – Member of Commission III of West Java Regional House of Representatives (DPRD), Taufik Nurrohim, stated that not all areas in West Java Province can be designated as industrial zones. Taufik explained that some regencies/cities in West Java serve conservation purposes and have infrastructure that is not supportive of becoming investment zones. "In the Regional Spatial Plan (RTRW), it is clear that not all areas in West Java are industrial zones. Some areas are conservation zones, and regarding infrastructure, not all regions in West Java are ready with connectivity to support investment," said Taufik Nurrohim on Saturday, June 28, 2025. However, he noted that in the past 10 years, West Java has remained the region with the highest investment in Indonesia. "The realization in 2024 was Rp174 trillion with 74 domestic investment projects and 100 foreign investment projects. In the first quarter of 2025, it reached Rp68.5 trillion, which is an extraordinary figure," he said. Nonetheless, the high investment in West Java has not been distributed across all regencies/cities in the province. The uneven distribution of investment has impacted economic inequality among the regencies/cities in West Java. "Even though West Java has the highest investment, the distribution so far has only been in five regencies/cities, namely Bogor, Bekasi, Karawang, and Bandung, which results in uneven economic conditions in West Java," he said. He explained that the high rates of poverty or unemployment in certain areas are influenced by job availability and investment itself. "There is a correlation between investment and unemployment; they do not stand alone. Therefore, if we want to solve development issues in West Java, one solution is to equalize investment distribution," Taufik concluded. [SOURCE]

Nov, 04 2025

Investment Realization in Quarter III-2024 Increases 15.24% to IDR 431 T

tirto.id - The Ministry of Investment/Investment Coordinating Board (BKPM) noted that national investment realization in the third quarter of 2024 reached IDR 431.48 trillion, growing 15.24 percent from the same period in the previous year (year on year/yoy) which was valued at IDR 374.4 trillion. . Investment realization in the third quarter was recorded at 26.15 percent of the target set by the government, amounting to IDR 1,650.0 trillion. Meanwhile, compared to the 2024 strategic plan (renstra) target of IDR 1,239 trillion, investment realization in the third quarter of 2024 reached 33.36 percent. "The contributions from Java (and) outside Java are listed here, they are almost the same if we look at them. Almost 50-50 percent, although from outside Java it is slightly better, 50.7 percent or IDR 218.8 trillion and also for Java it is IDR 212.7 trillion. "On average, the increase in Java is also 15.9 percent and outside Java 14.6 percent," explained the Minister of Investment/Head of BKPM, Rosan P Roeslani, in the Third Quarter 2024 Investment Realization Press Conference, at his office, Jakarta, Tuesday (15/10 /2024). If detailed, the five sub-sectors that recorded the largest investment realization in the third quarter of 2024 include the transportation, warehouse and telecommunications sub-sectors worth IDR 58.45 trillion; basic metal industry, metal goods, non-machinery and equipment Rp. 55.87 trillion; mining IDR 44.64 trillion, chemical and pharmaceutical industry IDR 31.61 trillion, and food industry IDR 31.30 trillion. "Between PMA, foreign investment and domestic investment (PMDN), foreign investment has indeed increased more significantly compared to the previous year, namely 18.5 percent and the amount is 53.9 percent of the total investment coming in in the third quarter," said Rosan. Based on his records, PMA in the third quarter of 2024 was IDR 232.7 trillion. As for PMDN, it was recorded at IDR 198.8 trillion, experiencing lower growth, namely 11.6 percent and a contribution to total national investment of 46.51 percent. If we look at the region, the largest investment realization was still contributed by Jakarta, reaching IDR 71.35 trillion or a contribution of 16.54 percent. Next followed by West Java with an investment value of IDR 56.58 trillion, East Java with a total investment of IDR 39.69 trillion, Central Sulawesi worth IDR 38.79 trillion, and Banten IDR 25.19 trillion. "Of course, this is something we will tell you about because there is a downstream program that is going very well," added Rosan. (SOURCE)

Nov, 15 2024

SKK Migas targets investment in upstream oil and gas to reach US$16.1 billion

In 2024, we actually set an initial target of almost US$17 billion. However, our projection to date is at least 15-16 billion US dollars. Bandung (ANTARA) - The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) targets investment in the upstream oil and gas sector to reach US$16.1 billion this year, an increase of around 18 percent from the 2023 realization of US$13.7 billion. "In 2024 we actually set an initial target of almost 17 billion US dollars. However, our projection to date is at least US$15-16 billion," SKK Migas Deputy for Finance and Commercialization Kurnia Chairi said at the 2024 Natural Gas Forum in Bandung, West Java, Wednesday. He said investment in the oil and gas sector has experienced an improving trend in line with incentive support by the government, both in the form of fiscal and non-fiscal incentives. Referring to 2023 data, investment in the oil and gas sector was able to increase by 13 percent to 13.7 billion US dollars amid the transition of the industry from fossil energy to renewable energy. SKK Migas is optimistic that this performance shows the positive potential of the oil and gas sector. This potential has made it target the number of drilling activities to reach 799 wells this year from 322 wells in 2019. "This shows that our appetite to invest in upstream oil and gas is still very high," he said. Previously, Head of Program and Communication Division of the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) Hudi D. Suryodipuro said in a statement here on Thursday (13/6) that improvements in the fiscal and taxation systems provided by the government had an impact on increasing the competitiveness value of Indonesia's upstream oil and gas investment from 4.75 in 2020 to 5.30 in early 2024, according to the Standard & Poor's (S&P) International Rating Agency. Increased investment has a positive impact on exploration activities. The value of upstream oil and gas exploration investment rose from US$0.54 billion in 2020 to US$0.93 billion in 2023. The increase contributed to the discovery of gas resources such as in Geng North and Layaran, which are among the world's five largest discoveries in 2023. "With these giant discoveries in 2023 and also in 2024 at the Tangkulo-1 well in the South Andaman WK (Working Area) of 2 TCF, SKK Migas is committed to accelerating the on stream process of these discoveries, ensuring that they can immediately contribute to national oil and gas production as soon as possible," he said. To maintain this positive momentum, SKK Migas continues to evaluate the long-term plan and implement various efforts to accelerate the process. Translated with DeepL.com (free version)

Jun, 19 2024

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